The US Treasury plans to carry out another Treasury buyback operation on Oct. 1, according to a newsflash published by Odaily. The update follows an earlier proposal from Sept. 10, when the Treasury said it could repurchase up to $6 billion of longer-dated Treasuries. Those bonds were described as having maturities ranging from 10 to 20 years. The proposed size was 3 times that of the Treasury’s previous long-term bond buyback operation. The item cited Coin Bureau as the source for the underlying information. No additional details were provided in the brief update beyond the timing of the planned Oct. 1 operation and the previously stated parameters of the earlier proposal.
Odaily reported that the US Treasury plans to conduct another Treasury buyback operation on Oct. 1.
Earlier, on Sept. 10, the Treasury had proposed repurchasing up to $6 billion in Treasuries with maturities of 10 to 20 years. The proposed size was 3 times the scale of its previous long-term Treasury buyback operation, according to Coin Bureau.
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